Tag: gst council
GST Council postpones decision to cut tax on life and health insurance
Dec 21, 2024 01:47 PM IST 18% GST will continue on premiums paid for policies with health insurance cover of over ₹5 lakh. The GST…
GST Council defers decision on insurance tax cuts amid lack of consensus among states: Sources
The GST Council‘s 55th meeting, which commenced in Jaisalmer, Rajasthan, reportedly faced challenges in reaching a consensus on key tax issues, particularly those related to…
GST Council ups tax on sale of used cars; says rate on popcorn depends on flavour
The 55th goods and services tax (GST) council meeting is underway in Jaisalmer, where several key decisions are being taken including clarification tax rates attracted…
GST Council meet: Ordering from Swiggy, Zomato may get cheaper; health insurance exemption on cards
The GST Council is expected to discuss lowering tax rates on life and health insurance premiums during its meeting on Saturday. Simultaneously, it may consider…
GST Council likely to reduce tax rate on food delivery to 5% | What it means
Dec 18, 2024 01:45 PM IST The reduced tax means that the food delivery companies will no longer be eligible to claim input tax credit…
Tax panel may consider lowering GST on online food delivery fees, report says
GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%, CNBC-TV18 reported,…
GST on cigarettes, tobacco, aerated beverages may be hiked to 35 pc; GST Council decision on Dec 21
The GoM on GST rate rationalisation on Monday decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products to 35…
Cost of health, life insurance to come down if GST Council decides to reduce taxes on premium: FM
Finance Minister Nirmala Sitharaman on Monday said the cost of insurance to the policy holder is expected to come down if the GST Council recommends…
GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan
Union Finance Minister Nirmala Sitharaman will meet her state counterparts on December 21 in Jaisalmer, Rajasthan, for the 55th GST Council meeting. Key decisions are…
Budget 2025: Nirmala Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22
Union Finance Minister Nirmala Sitharaman is likely to meet her state counterparts on December 21-22 for pre-budget consultations and meeting of the GST Council, an…